“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
More Bond Trouble
With nowhere near the excitement of the action in municipal bonds, the long Treasuries are fading fast nevertheless. Our short term target for the 20-plus year Treasury bond ETF (TLT) is 86.
